Rates were little changed Wednesday. In economic news, July Retail Sales were flat, below the consensus forecast of +0.2%. Retail Sales excluding autos also fell short of expectations. The Mortgage Bankers Association weekly purchase activity index fell 1%, while the refinancing activity index declined by 4%. Average reported conventional 30-year fixed rates were unchanged at 4.35%, not including fees. Results from today’s 10-year Treasury auction will be released at 1:00 PM.